Milestones: What to expect from the week ahead - 2021/11/08

[NeilB]

@NeilB

Lemonade $LMND
I am a holder of Lemonade stock
Its been a rollercoaster ride over the last few months trading with the stock off over -60% from the all time high in January. The insure tech company recently tiptoed into the car insurance market after only tackling renters and pet insurance previously. Lemonade have the right story and brand in place but the need to start back this up with the numbers if they want to get anywhere near the January highs.

Holders (like me) loved to see the earning estimate beaten today but the market is not a fan of the announced purchase of Metromile.

https://www.msn.com/en-us/money/other/heres-why-the-market-soured-on-lemonade-stock-today/ar-AAQvrnK